G4S is moving to sell its US government solutions business as the global security service provider seeks to offload the business in the face of budget cuts.

Despite a turnover of near £400 million in revenue from the business in 2012, G4S has placed the business on the market, with analysts placing an expected sail price of £80 to £120 million.

The government solution business, which includes services including, weapons training, emergency services and mine detection, has been impacted by U.S. defence cuts.

G4S has also citing its position as a non-U.S. company as being detrimental to its business interests and preventing the company from having access to secure information which inhibits the services it can deliver. The company will move instead to concentrate its U.S. focus on low level security clearance business.

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